To the highest bidder: Why 2027 poll could be the battle of big money

As political parties prepare for the 2027 General Election, a shadowy battle is unfolding between those with deep pockets and those seeking a level playing field. Kenya's elections have transformed into billion-shilling enterprises, prompting concerns that democracy is increasingly controlled by those with the greatest financial resources.

In response, the Independent Electoral and Boundaries Commission (IEBC) has proposed new regulations to manage campaign financing, requiring candidates and parties to use designated bank accounts, disclose donors, and adhere to spending limits. IEBC Chairman Erastus Ethekon emphasized the importance of these regulations, stating that they aim to uphold democratic principles of free, fair, and accountable elections.

However, even before these rules are enacted, opposition leaders acknowledge that financial mobilisation will be a critical factor in the 2027 contest. Coalition insiders fear that replicating President William Ruto's expansive logistical capabilities will be a significant challenge, with many advocating for a people-driven campaign to avoid the pitfalls of excessive spending and potential corruption.

Senator Dan Maanzo of the Wiper Patriotic Front argues that crowdfunding and grassroots fundraising can create a more democratic process, while Senator Edwin Sifuna of the Linda Mwananchi movement rejects large contributions from powerful financiers, proposing instead that elections should be funded by ordinary citizens. Despite these efforts to promote transparency and level the playing field, former Deputy President Rigathi Gachagua admits to using informal banking channels to mobilise campaign resources abroad, highlighting the complexities and potential risks involved in financing political campaigns in Kenya.